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CUSTOMS REVENUE

LAST MONTH'S FIGURES

SUBSTANTIAL INCREASE COMPARISONS FOR FIVE MONTHS An increase of £34,963, tho largest advance recorded this year, was shown in the customs duties collected at Auckland in May, compared with the amount in. May last year. The collections last month amounted to £178,034, which has been exceeded only once this year, as against £143,671 in May, 1932.

The tot al for the first five months of the calendar year was £580,026, compared w til £800,896 for the similar period of last year, an increase of £79,130.

An increase of £1491 occurred in the combined collection of motor spirit tax ar.d tyre duty made in May, 1933. compared with the total collected in May of last year. This almost oflsets tlie decreases shown in earlier months, arid the five-monthly figures for 1933, £209,386, are only £27S below tho aggregate for the corresponding period in 1932. E;evenue From Sales Tax Sales tax has yielded £102,06S since its imposition on February 9. The amount collected during the first period, from its imposition to the eild of March, was £S2B7; the total in April was £56,625; and last month's yield was £37,157. It is difficult to make profitable comparisons yet, owing to the extended period covered by the first payments, the fact that wholesalers as a class paid their first instalments later than retailing importers, and other factors inseparable from the operation of such an intricate form of taxation. Details of the receipts under the various headings for May, compared with Mf:y, 3.932, are as follows: — 1933 1932 Customs . . . . £175,634 £143,671 Motor spirit; . . 35.121 36,012 Tyro duty . * * 1.364 1,935 Tot lis X 218.122 £151.66S Excise dii boer .«■ £11,957 . £11,021 Five Mouolts Compared The totals for the five-monthly pDriods of 1933 and 1932 are as follows: 1933 1932 Custom 3 . . . . £SSO.O2G £500,896 Motor spirit . . 202,602 199,264 Tyro duty . . . 6,734 10,400 Totals . . £1,059,412 £1,010,660 Excise .m boer . . £53,747 £52,193 Detailu of customs revenue collected in the first five months of the calendar y?ar, compared with tho corresponding period of 1932, are:—

1933 1932 January „ . . . £171,675 £152.748 February .. .. 189,9)9 185,802 March 173,281 157,862 April . , 160,517 157.813 May 178.C34 113,671 Totals . . . £550,026 £800,890 Following i* a comparison of the petrol and tyre duties for the live months of 1933 and 1932: 1933 1932 January .. . £45,442 £39,173 February .. .. 42,104 45.109 March . . , . . 41,108 42,358 April 40,914 41.727 May . . .. .. 39;488 3: 397 Totals . . . . £209,356 £209,;,04 INCREASE IN WELLINGTON LOWER FOR FIVE MONTHS [BY TELEGRAPH —PRESS WELLINGTON, Wednesday

Customs returns in Wellington for the month of May are as follow, the f gures for the corresponding month last year being given in parentheses:—'Net revenue, £157,551 (£147,655); petrol tax, £1*6,996 (£39,025) at sixpence a gallon, £25,039 at fourpence, £13,008 Sit twopence; tyre tax, £2480 (£1536); excise duty on beer, £4661 (£5638); sales tax, £37,806. The figures for the five month* aro:— £777,315 (£878,075); petrol, £298,006 (£264,423); tyre tax, £7267 (£8880); beer, £22,545 (£27,685). I CHRISTCHURCH RETURNS HIGHER ALL ROUND [BY TELEGKAPH —PBESS ASSOCIATION] CHRISTCHURCH. Wednesday All sources of revenue collected by the Customs Department at Christchurch showed increases during May as compared with May, 1932. Following aro the returns for May, those for the corresponding month last year being given in parentheses:—Customs, £64,778 (£50,709); beer duty, £7491 (£6789); petrol tax, £18,099 (£16,256); i;yre duty, £856 (£547); sales tax, £15,337. For the five months of the calendar year the returns are:—Customs, 1933, £386,546 (1932, £298,711); beer duty, £31,482 (£32,581); petrol tax, £91,439 (£85,787); tyre duty, £3547 (£4012); sales tax, £47,513. BUSINESS AT DUNEDIN FAIR INCREASE SHOWN [BY TELEGRAPH —PRESS ASSOCIATION] J DUNJSDJN. Wednesday Customs returns at Dunedin for the | .month of May aro as follows, the figures j :tor the corresponding month last year boing given in parentheses:—Net customs, £49,061 (£42,895); beer duty, £16,926 (£20,133); petrol tax, £13,590 (£12,320); tyre duty, £949 (£1033). Sales tax collected during the month amounted to £13,130.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19330601.2.155

Bibliographic details

New Zealand Herald, Volume LXX, Issue 21506, 1 June 1933, Page 14

Word Count
642

CUSTOMS REVENUE New Zealand Herald, Volume LXX, Issue 21506, 1 June 1933, Page 14

CUSTOMS REVENUE New Zealand Herald, Volume LXX, Issue 21506, 1 June 1933, Page 14